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Ethereum Taps Key Resistance as Analysts Watch for Rebound to Falter

Ethereum has posted a strong rebound from its recent lows, with bulls pushing the cryptocurrency up to highs of $360 earlier today This upswing proved to be short-lived, and the cryptocurrency has since been rejected at this level Nonetheless, today’s price action has signaled that ETH’s sub-$320 lows may ultimately mark a long-term bottom that is followed by further upside While speaking about this, one analyst explained that although today’s rebound has been strong, it […] дальше »

2020-9-6 22:00


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Bitcoin Bears May Soon Be Punished as On-Chain Data Grows Bullish

Bitcoin has seen some incredibly bearish price action throughout the past few days, with the cryptocurrency’s price declining to lows of $9,900 before being able to find some strong support. The buying pressure here did prove to be rather significant, as it allowed the token to rally higher and once again stabilize within the lower-$10,000 […] дальше »

2020-9-6 01:00


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Ethereum May Dive to $295 as Bears Strike a Blow to Its Market Structure

Ethereum has seen some intense selling pressure throughout the past few days, which reached a boiling point overnight when its price declined to lows of $330 The cryptocurrency is now stabilizing following this movement, but sellers appear to be stepping up and catalyzing further selling pressure One analyst is now noting that ETH could decline as low as $295 in the near-term This downside movement may come about as a result of the selling pressure […] дальше »

2020-9-6 22:00


Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region

The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […] дальше »

2020-9-6 19:00


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Data: Long-Term Bitcoin Investors Hold Steady Despite $2,000+ Plunge

After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation. This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point buyers stepped up and slowed its descent. From here on out, […] дальше »

2020-9-5 05:00


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If Bitcoin Defends One Crucial Level, It May Soon Push Significantly Higher

Bitcoin appears to be forming a new consolidation phase as it trades between lows of $10,000 and highs of $10,800 The cryptocurrency has been trading squarely between these two levels for the past several hours, being unable to post any notable rebound from yesterday’s downturn The weakness that it expressed yesterday struck a serious blow to its near-term outlook, as it showed that the benchmark cryptocurrency might not have enough strength to maintain its position […] дальше »

2020-9-5 02:00


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Bitcoin Plunges Below $11,000 as Selling Pressure from Miners Ramps Up

After facing some slight turbulence yesterday, Bitcoin incurred a massive rush of selling pressure today that sent its price reeling down to lows of $10,700 This movement came about in the form of a sharp selloff following a prolonged bout of sideways trading within the lower $11,400 Analysts are now noting that the market is now at serious risk of seeing further downside This comes as multiple large BTC mining pools begin offloading their holdings […] дальше »

2020-9-4 21:00


Analyst: Ethereum Likely to Plunge Towards $320 After Tapping This Key Level

Ethereum has been closely tracking Bitcoin’s price action throughout the past few weeks, although it has been able to outperform the crypto in recent days The cryptocurrency is currently trading up significantly from recent lows of $379 that were set during its recent selloff While BTC remains below its pre-selloff highs, Ethereum has been able to surge past them Despite this strength, analysts are still noting that the crypto may plunge into the lower-to-mid $300 […] дальше »

2020-8-30 22:00


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Here’s Why Bitcoin May Face a Harsh Correction Before It Can Rally Higher

Bitcoin is in the process of stabilizing following the swift rebound it incurred overnight This allowed the benchmark crypto to climb from lows of $11,150 to highs of $11,500, around which price it is now hovering around Analysts are noting, however, that there is a path forward for the cryptocurrency to see a much stronger correction than the one seen yesterday One trader is watching for a rejection at $11,700, as he notes that this […] дальше »

2020-8-29 02:00


This Support May Launch Ethereum to $500, But Signs of Weakness Remain

Ethereum has seen a strong rebound from its daily lows. This has allowed it to climb into the $390 region This upsurge came about in tandem with that seen by Bitcoin and most other major cryptocurrencies This market-wide movement has allowed cryptocurrencies that were battered by yesterday’s downturn to erase virtually all of their recent losses For ETH, one analyst is now setting his sights on a movement up towards $500 in the near-term That […] дальше »

2020-8-29 23:00


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Bitcoin Has Reached a “Critical Juncture” as Analysts Set Sights on $11,800

Bitcoin’s price has seen a strong rebound from yesterday’s lows, with buyers ardently guarding against a dip into the sub-$11,000 region This has allowed the cryptocurrency to gain some slight momentum, although it remains down from its daily highs From a technical perspective, analysts are noting that Bitcoin is now at a “critical juncture” that will determine its near-term future One trader is setting his sights on a break above $11,800, explaining that sellers will […] дальше »

2020-8-29 21:00


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Bitcoin Could Plunge to Sub-$10,000 Before Rocketing Higher; Here’s Why

Bitcoin is flashing some signs of short-term strength as it rebounds from its daily lows This rebound, although strong, has not been enough to send it past any crucial support levels as of yet It also led BTC to see a strong rejection at just below $11,600, which is a sign of weakness behind this movement This rally came about as macro assets responded bullishly to the Fed Chairman’s speech regarding the Fed adopting a […] дальше »

2020-8-28 02:00


Ethereum Still Likely to Dive to $360 Support as Funding Stays Neutral

Ethereum and Bitcoin have both posted notable rebounds after facing some intense weakness throughout the early morning hours ETH was able to rally from lows of $380 to highs of well over $390, while Bitcoin pushed back above $11,500 after dipping to $11,200 This strength is an incredibly positive sign for the market, as it shows that buyers still have underlying strength Despite this strength, analysts are still short on Ethereum, with one trader noting […] дальше »

2020-8-28 23:00


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This Fractal Suggests Ethereum May Rally Past $500 Before Plunging Lower

Ethereum is struggling to maintain the slight momentum it found yesterday after its price reeled down to lows of $370 After bouncing up towards $390, bulls started facing faltering momentum that ultimately led the asset’s price back down towards sub-$380 Because Bitcoin is currently expressing signs of weakness, it remains incredibly unclear as to where the market may trend in the near-term One analyst is pointing to a strikingly accurate fractal for guidance, which shows […] дальше »

2020-8-27 23:00


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Why Bitcoin May Need to Test $11,000 Before Climbing Higher

Bitcoin is starting to gain some slight momentum as the cryptocurrency’s price climbs up towards $11,800 This marks a notable surge from recent lows of $11,400 that were set just a few days ago, and it does appear that the crypto is poised to see further upside One factor boosting BTC’s outlook is Ethereum’s intense swing up to highs of $410 In the past, Ethereum has front-run movement seen by Bitcoin and the rest of […] дальше »

2020-8-25 21:00